During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
Gold and Silver Forecast for June
Category: Gold Price Forecast
gold price forecast and outlook
Gold and Silver Forecast for June 2-6
The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…
Financial Market Forecast for June 2-6
The commodities market cooled down, while U.S equities rally during the previous week. This week, in the U.S several economic reports will be released including non-farm payroll, non-manufacturing and manufacturing PMI, factory orders and jobless claims. In Europe, ECB rate…
Gold and Silver Forecast for May 26-30
Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…
Financial Market Forecast for May 26-30
This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
Gold and Silver Forecast for May 19-23
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Â Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…
Financial Market Forecast for May 19-23
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…
Will This Gold Producer Reach its Quarterly Goals?
This week, Yamana Gold (NYSE: AUY) will release its first quarter earnings report. In anticipation for its publication, here is a last minute breakdown of the current expectations. Expectations Analysts estimated the company’s revenue reached nearly $450 million — a…
Gold and Silver Forecast for May 12-16
Gold and silver resumed their downward trend and slowly descended during last week.  Janet Yellen’s recent testimony may have dragged down the prices of gold and silver as she reiterated her view that the U.S economy is on the right…
Financial Market Forecast for May 12-16
Leading commodities markets cooled down in the past week as the prices of precious metals, natural gas and oil declined. This week, many news items of the agenda including: Janet Yellen’s speech, U.S retail sales, China’s industrial production, BOE’s Governor …